Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.

Assignment:  Buyer shall not assign all or any part of Buyer's interest in this Agreement without first having obtained the separate written consent of Seller to a specified assignee. 

Without admitting or denying the SEC’s allegations, Tosta has agreed to settle the charges against her, consenting to the entry of a final judgment that orders permanent injunctions, disgorgement and pre-judgement interest totaling $117,917.57, and a civil penalty of $60,000.

It merely requires written notice of mutual consent.

One way to bypass the Probate hole is to put the properties in an intervivos revocable trust. 

We are in the process of buying a second home in San Antonio/TX and are really interested financing it with an in the All in One Loan but the loan officer tells us we can not deed it into an LLC and could only purchase it in an "Inter Vivos Revocable Trust”.

Potential for Permit Revocation: Non-compliance with noise ordinances, occupancy limits, or HOT reporting can result in permit revocation.

If in Texas, a lease purchase option longer than 180 days without consent from the lender to receive payment from the tenant/buyer is not possible.Also, you can assume the obligations of a VA loan -- it is a non-qualified assumption - meaning the lender is not qualifying or approving of the assumption. 

@Kevin S.I recommend putting all properties/accounts into a revocable living trust for estate planning. 

They are not allowed to do any repairs or modifications, none, without written consent.